WHETHER WE LIKE IT OR NOT, TAXES INFLUENCE MANY OF OUR DECISIONS.

  • The First-Time Homebuyers credit encouraged 1.4 million taxpayers to purchase, and the risk of repayment encouraged those homeowners to reside in their home for atleast 3 years.
     
  • State Income Taxes can determine whether an individual decides to accept a job in Texas as compared to California.
     
  • Energy Tax Credits have encouraged both businesses and individuals to invest in “going green.”
     
  • Capital gains tax discourages homeowners from selling their homes before they have lived in it for two years.
     
     
  • The possibility of paying estate taxes encourages individuals to make gifts annually to friends and family.

Unfortunately, taxes affect us all, therefore making decisions without considering the tax consequences can be very costly.

At the Law Office of Tiffany L. Hamil, our mission is to provide you with value through our tax-related services. Through effective tax planning and legal representation, you WILL save money!

 



Tax News & Links:

Offshore Voluntary Disclosure Program Reopens

01.09.12    The Internal Revenue Service reopened the offshore voluntary disclosure program to help people hiding offshore accounts.

Innocent Spouse Relief Rules Revised

01.05.12  The Internal Revenue Service released new proposed guidelines designed to provide relief to more innocent spouses requesting equitable relief from income tax liability.

I Heart Taxes.

"Taxes do great things, like build roads and schools, pay our firefighters, and keep our air clean and our water safe." This website attempts to change society's negative view towards taxes. While their outlook may be a little too rosey, you can't blame them for trying!

New Law Targets Taxpayers with Foreign Accounts

02.08.12   The regulations lay out a step-by-step process for U.S. account identification, information reporting, and withholding requirements for foreign financial institutions (FFIs), other foreign entities, and U.S. withholding agents.

DFW Home Sales Improving?

2011 Average Sales Price in Dallas declined by 5%; while Fort Worth only declines 1%.

 

6440 N. Central Expressway, Turley Law Center 215, Dallas, TX 75206 | 214.369.0909- Office